FSG's UNREAL $10bn win earned on Liverpool’s back

Liverpool are the ones propping up John Henry and co. FSG are certainly doing alright.

FSG, then New England Sports Investments, bought Liverpool back in 2010. They'd already had sporting success, buying the Boston Red Sox and ending their historic 'curse' to win baseball's World Series.

Liverpool on TV: Fixtures, kick-off times and channel details for every game

So how have they done at Liverpool? It's up for debate.

On the face of it, things have been brilliant. A UEFA Champions League title, a Premier League title, regular cup finals, an incredible team, and some unbelievable signings.

But there's also a sense that it could have been more. Liverpool didn't make signings when they probably should have, while a lot of the success can be attributed to Jurgen Klopp picking up the pieces after everything fell apart under Brendan Rodgers.

For a couple more signings, could he have had another Champions League? Another Premier League? It's hard to say. All we can say for sure is that FSG have run Liverpool 'efficiently' - even if that's sometimes at the fans' expense.

After all, 'winning' isn't actually at the top of their list. FSG are an investment firm and turning Liverpool into a valuable, profitable asset is of far more interest to John Henry and co.

That's why, above all, they were so gung-ho with the European Super League idea.

It's a mentality that doesn't necessarily bring incredible success (as, we should add, the Red Sox can also attest to) but it does bring them money. A lot of money.

FSG's incredible portfolio

Forbes recently released their list of the most valuable teams in sport. It's a list dominated by American teams, given the nature of their leagues.

American leagues don't have any relegation, meaning teams don't lose their value. Pretty much ever, in fact. Every team is always in the top competition and it's just a matter of whether they'll qualify for the Play-offs.

In football, that's not the case. Teams can be relegated and always run the risk of dropping down the league, out of European football. That tanks their value.

And so not many football teams are at the top of this list. Liverpool, though, are one of the best. Forbes have them 27th overall and the 4th most valuable football team at $5.37bn.

FSG, then, own a very valuable asset but the Reds aren't the only FSG team to make the list. The Red Sox are also there, down in 45th. They're supposedly worth $4.5bn, pushing the overall portfolio to near $10bn.

And that's not it! FSG also own the Pittsburgh Penguins, a team that doesn't quite make this list but is still worth over $1bn themselves. So with that, the portfolio does indeed climb over $10bn.

That portfolio is propped up by Liverpool, of course, who account for the largest chunk by some way. While fans have been frustrated (rightly) and decisions have been questionable, FSG have ultimately gotten exactly what they wanted out of the Reds.

READ MORE: Liverpool’s GOLDEN opportunity to complete Barcelona double deal